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Alexandria Ocasio-Cortez’s Green New Deal Should Nationalize Utilities

Caroline Haskins

The Green New Deal bill stands against a daunting task: to produce net zero emissions by 2050. Johanna Bozuwa explains how privately-owned utilities are incentivized only for profit and not to care for the environment. 

“So being pushed towards taking climate change seriously and shifting towards renewables… those are all things that are contrary to the investor-owned utility model that makes money specifically off of what they call capital infrastructure and guaranteed rate of return.”